Depends on whether you measure the profit and loss on a first in-first out basis, which is the norm, or not. If you measure it as FIFO then it's very unlikely t

Depends on whether you measure the profit and loss on a first in-first out basis, which is the norm, or not. If you measure it as FIFO then it's very unlikely that you are locking in any losses and are just cashing out earlier gains.